FCPO - NSawit Swing Strategy

This Indicator implements a custom strategy function in an indicator script. It works on a 4-hour time frame and exclusively for the FCPO futures market only.
The NSawit Swing Strategy consists of three main features:

Feature 1: Trade Summary

This feature utilizes the table function to summarize all completed trades within the current active month. The indicator generates a table that displays relevant trade information like total ticks and profit/loss. For example: table.new(position.top_right, 1, 4, border_width=0)

Feature 2: Active Month Highlight

The purpose of this feature is to visually mark the beginning and end of the current active month on the chart. It achieves this by dynamically changing the background color within the current active month. For example: bgcolor(Highlight ? ColorBG : na)

Feature 3: Swing Reversal Points

This feature identifies swing reversal points on the chart by analyzing candlestick patterns and applying a custom matching algorithm.

If a candlestick pattern matches the specified criteria, the indicator generates a retest box area.

When the price touches this box, it triggers long or short orders. The relevant data, including entry and exit points, are stored in sets of arrays. These data are then utilized by the Trade Summary table to provide a comprehensive overview of the swing trading activity.

Take profit and cut loss value can be set in setting.

To view past contracts kindly add this watchlist.
www.tradingview.com/...atchlists/114756000/

Notes de version:

Fix the settings menu.

Notes de version:

Updated watchlist
https://www.tradingview.com/watchlists/114756000/

Notes de version:

Fix tickerID issue

Notes de version:

Remove tickerID label

Notes de version:

* Improve the signal condition.
* Restructure summary of trades.

Notes de version:

Added new pattern profile

Notes de version:

*Improve signal

Notes de version:

Added New Long No 9 & Long No 5.
Improve Short No 5 entry point.

Notes de version:

8.3